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Banks, OR vs Neotsu, OR

122
Banks
Oregon
VS
-0.6%
123
Neotsu
Oregon

Banks, OR and Neotsu, OR have a very similar cost of living, with only a 0.6% difference in their overall index. Banks scores 122 while Neotsu scores 123 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Banks are $430,200 compared to $563,800 in Neotsu, a 24% gap.

Median household income in Banks is $84,651 compared to $100,982 in Neotsu (-16.2%). While Neotsu is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (52.5°F vs 50.6°F). Neotsu receives more rainfall at 67.3" per year compared to 35.9" in Banks.

Income & Cost

Cost of Living Index
Banks
122
1% cheaper
Neotsu
123
Median Household Income
Banks
$84,651
Neotsu
$100,982
16% higher

Housing

Median Rent
Banks
$1,634
Neotsu
Median Home Value
Banks
$430,200
24% cheaper
Neotsu
$563,800
Population
Banks
2,092
Neotsu
751

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Banks $3.21
Neotsu
US $3.07
🥚
Eggs (grade A, large)
Banks $2.62
Neotsu
US $2.50
🥛
Milk (whole)
Banks $4.22
Neotsu
US $4.03
🍞
Bread (white)
Banks $1.94
Neotsu
US $1.85
🍗
Chicken breast
Banks $4.34
Neotsu
US $4.14
Electricity
Banks $0.17
Neotsu
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Banks 52.5°F
Neotsu 50.6°F
Summer High
Banks 82°F
Neotsu 64°F
Winter Low
Banks 34°F
Neotsu 39°F
Rainfall
Banks 35.9"
Neotsu 67.3"
Rainy Days
Banks 159d
Neotsu 171d